Bulgaria Is Taking The EU Renewable Energy Lead

Nikolay Peshev
5 min readApr 24, 2017

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Bulgaria Is Taking The EU Renewable Energy Lead
On the field of renewable and green energy, Bulgaria is among the best performing Europian union countries. The Country not just reached the required 16% green energy production, but managed to ensure even better performance. According to Eurostat’s Bulgaria occurred not only the mandatory 16% but 19% share of green energy production
Bulgaria has a budget of $ 11,660, compared to a peak of 2050.
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Occasional projects that have been completed in 2020 such as Chechia, Estonia, Egypt, Italy, Lithuania, Romania, Finland, and Sweden. Daphne Denmark and Ireland account for more than 1% of the fastest rate.

The Evidence of the Evidence requires that throughout Europe in Sweden they give their share to a share of more than 50%. Behind is a member of the Latvian and Finnish countries, with 38.7 where all.

However, the Bulgarian consumers and locals electricity delivery companies are failing to benefit from those great numbers.

There are many sources of renewable or so-called. “green energy”. The best known are wind turbines, photovoltaic installations, and hydroelectric power plants, and the energy that is extracted from biomass is becoming more and more popular.

What are the advantages and disadvantages of different sources, where is development potential and what investments are needed? A comment on these questions was sought by Dimitar Believe — Chairman of the Board of Directors of the Central Power Renewal Base.

Wind

Wind energy uses the kinetic energy of air masses in the atmosphere. The wind power can be turned into electricity using special generators. Largest green energy production in European countries is currently taking place in solar parks, and wind power facilities are immediately behind them.
But with wind turbines there is an inexperienced operation, so they have to go with compensating powers.

Sun

Using the sun for energy needs has been used for many years. It is the largest renewable source of electricity. There are many technologies to use solar energy. They apply in different spheres of life — residential, commercial and industrial, agriculture and transport. Solar energy is generated by photovoltaics and photovoltaic systems. In 2010 and 2011 the construction of wind turbines and photovoltaics has developed quite rapidly.

The logical explanation is the higher purchase price of electricity from these sources. Naturally, all investors have focused on producing such energy. This, in turn, forces the buyer, ie. The government, through NEK, to restrict the production of higher electricity as it enters into a mix of electricity pricing for the end user. The problem is that over time photovoltaics are losing their operating efficiency. It is normal for a quality panel to reduce its efficiency by 40 percent in 25 years and only then to replace it. Lower-quality photovoltaic panels are dying out at the 3 rd year and, in fact, when a return on investment is expected, it must be done again. Therefore, when purchasing, you must look for certificates that are approved and licensed in Europe, as well as references to similarly built plants.
Currently, the creation of new solar and wind power parks is restricted, the trend is to generate biomass currents.

Biomass

Biomass is also considered a suitable alternative to fossil fuels in electricity generation. “Biomass” is usually meant raw materials derived from wood waste, such as agriculture, as well as from food. This includes plants and trees grown for use as a raw material in energy production.

Its advantages are also the relatively lower price, the small investment for the respective facilities, as well as the possibility to efficiently use part of the accumulated waste. I believe that Bulgaria has a great resource for the utilization of wood for electricity and heat generation. To this end, additional funds from the European funds for such projects are provided.

Water

The other trend that I may develop is related to hydroelectric power plants. I believe that HPPs in Bulgaria have the potential for development. But this kind of green energy needs to be subsidized, to offer higher purchase prices for the electricity produced in this way. It is also good to fund new studies on where it is best to build such hydropower plants. Years ago, such studies were carried out, but they need to be made more modern.

Otherwise, the advantages of HPPs as a renewable source of energy are indisputable.

Hydroelectric power plants have a very long service life — over 50 years. In addition, they do not require large operating and maintenance costs. Any river or sea current carries the kinetic energy of the moving water. It has enormous energy potential that can be utilized. The hydropower plants have a very high efficiency — 50–55%, which makes them the most efficient technology for the production of electricity from RES.

Hydroelectric power plants produce the greenest energy because no residual products, gasses, etc. are produced in the production. Something that occurs with most other types of RES.

Small water power plants also have potential. However, their development is associated with a larger initial investment and a longer payback period of 7 to 12 years. This is also the reason why some of the small HPP projects are to be frozen. An attractive application for the development of HPPs could also be the VHC systems where there is a natural, water-flow that can be controlled. There can be installed small or medium water.

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Nikolay Peshev

Ph.D. Student. Interested in Human Resources and Coaching. Love to paddle